The numbers of chairs and tables that should be produced each week in order to maximize the company's profit is 15 chairs and 18 tables.
Since a furniture company has 480 board ft of teak wood and can sustain up to 450 hours of labor each week, and each chair produced requires 8 ft of wood and 12 hours of labor, and each table requires 20 ft of wood and 15 hours of labor, to determine, if a chair yields a profit of $ 65 and a table yields a profit of $ 90, what are the numbers of chairs and tables that should be produced each week in order to maximize the company's profit, the following calculation should be done:
16 chairs; 24 tables
Time used = 16 x 12 + 24 x 15 = 192 + 360 = 552
Wood used = 16 x 8 + 24 x 20 = 128 + 480 = 608
15 chairs; 18 tables
Time used = 15 x 12 + 18 x 15 = 180 + 270 = 450
Wood used = 15 x 8 + 18 x 20 = 120 + 360 = 480
12 chairs; 28 tables
Time used = 12 x 12 + 28 x 15 = 144 + 420 = 564
Wood used = 12 x 8 + 28 x 20 = 96 + 540 = 636
18 chairs; 20 tables
Time used = 18 x 12 + 20 x 15 = 216 + 300 = 516
Wood used = 18 x 8 + 20 x 20 = 144 + 400 = 544
Therefore, the only option that meets the requirements of time and wood used is that of 15 chairs and 18 tables, whose economic benefit will be the following:
15 x 65 + 18 x 90 = X
975 + 1,620 = X
2,595 = X
Therefore, the numbers of chairs and tables that should be produced each week in order to maximize the company's profit is 15 chairs and 18 tables.
56/125-177/625= 280/625 - 177/625 = ( 280 - 177 ) / 625 = 103 / 625 = 0.1648
(2,1) is the solution because its where they both intersect..
Answer:
first one is 5.8
second on is 4.47 round
third one is 1.92
Step-by-step explanation:
Expanded form:
1 × 100,000,000
+ 5 × 10,000,000
+ 4 × 1,000,000
+ 7 × 100,000
+ 9 × 10,000
+ 8 × 1,000
+ 1 × 100
+ 0 × 10
+ 5 × 1
I hope it helps :)